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$ 398,500
Est. payment /mo
Active
1379 3RD AVENUE E Owen Sound, ON N4K2L8
5 Beds
2 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $265
Subdivision Owen Sound
MLS® Listing ID X12218010
Bedrooms 5
Source OnePoint Association of REALTORS®
Property Description
Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
Community Features School Bus, Community Centre
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Septic System
Listed by Keller Williams Realty Centres